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Driven by Purpose
Saturday, January 23, 2010




Panel Members
           Calvin Chin, CEO, Qifang
           Mohammed Rezwan, Executive Director, Shidhulai Swanirvar Sangstha
           Jack Sim, Founder, W orld Toilet Organization, TIME Hero
           Rahul Singh, Founder and Executive Director, GlobalMedic
           Rory Stear, Executive Chairman, Flambard HoldingsKey Bullets

Takeaway
           Leadership in social entrepreneurship comes in a multitude of forms but at the core of
            each organization is a sense of altruism and community building rather than a profit
            driven motivation.

Issues (Main Talking Points)
      •     Each entrepreneur is challenged by;
                  o     The status quo of what they saw around them
                  o     Societal and cultural norms
                  o     Some criticism was even levied against large corporations
                  o     All found a way to make their enterprises sustainable for those that they help
                        rather than a one-off support model

Recommendations
           Calvin Chin created an online platform where interested parties could donate money
            towards the education of Chinese students in rural Chinese areas by offering them
            no-interest loans
            –     This helped these students obtain higher caliber jobs which had spillover benefits
                  for the rest of their communities.
           Mohammed Rezwan created a number of services that were distributed via boats to
            flood affected areas of Bangladesh.
            –     Services included health clinics, schools, and even community halls.


Driven by Purpose_23 Jan 2011                                                © 2010 Monitor Company Group, L.P. — Confidential
–     The first few boats were funded by investors but now villagers are providing these
                  services and generating revenue to buy the boats themselves, making the boats
                  self-sustaining
           Jack Sim started a company which teaches rural villagers in Cambodia how to build
            and sell low cost toilets which aid in sanitation efforts. Simultaneously, these villagers
            benefit from a clean environment and a viable product from which to generate
            revenue
           Rahul Singh started a volunteer paramedic troop that travels to post disaster areas
            and trains the local population in W estern paramedic training. They
            –     The troop also installs clean water filters and trains the local populace in their use
                  ensuring clean water sustainability when the volunteers leave
           Rory Stear noticed the vast inequality in access to energy around the world and
            realized that there had to be creative solutions to rectify the gaps
            –     Stear produced relatively simple products like radios, lights ,etc that could be
                  powered by a hand-crank so remote villages and areas with inconsistent electric
                  could have basic necessities

Problems, Challenges and Threats
           You have to risk failure and challenge the status quo in order to create an impactful
            social venture.

Key Quotations
           “Help people help themselves” – Jack Sim




Driven by Purpose_23 Jan 2011                         2                      © 2010 Monitor Company Group, L.P. — Confidential

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GCF2011: Session Notes of "Driven by purpose"Jan23 2011

  • 1. Driven by Purpose Saturday, January 23, 2010 Panel Members  Calvin Chin, CEO, Qifang  Mohammed Rezwan, Executive Director, Shidhulai Swanirvar Sangstha  Jack Sim, Founder, W orld Toilet Organization, TIME Hero  Rahul Singh, Founder and Executive Director, GlobalMedic  Rory Stear, Executive Chairman, Flambard HoldingsKey Bullets Takeaway  Leadership in social entrepreneurship comes in a multitude of forms but at the core of each organization is a sense of altruism and community building rather than a profit driven motivation. Issues (Main Talking Points) • Each entrepreneur is challenged by; o The status quo of what they saw around them o Societal and cultural norms o Some criticism was even levied against large corporations o All found a way to make their enterprises sustainable for those that they help rather than a one-off support model Recommendations  Calvin Chin created an online platform where interested parties could donate money towards the education of Chinese students in rural Chinese areas by offering them no-interest loans – This helped these students obtain higher caliber jobs which had spillover benefits for the rest of their communities.  Mohammed Rezwan created a number of services that were distributed via boats to flood affected areas of Bangladesh. – Services included health clinics, schools, and even community halls. Driven by Purpose_23 Jan 2011 © 2010 Monitor Company Group, L.P. — Confidential
  • 2. The first few boats were funded by investors but now villagers are providing these services and generating revenue to buy the boats themselves, making the boats self-sustaining  Jack Sim started a company which teaches rural villagers in Cambodia how to build and sell low cost toilets which aid in sanitation efforts. Simultaneously, these villagers benefit from a clean environment and a viable product from which to generate revenue  Rahul Singh started a volunteer paramedic troop that travels to post disaster areas and trains the local population in W estern paramedic training. They – The troop also installs clean water filters and trains the local populace in their use ensuring clean water sustainability when the volunteers leave  Rory Stear noticed the vast inequality in access to energy around the world and realized that there had to be creative solutions to rectify the gaps – Stear produced relatively simple products like radios, lights ,etc that could be powered by a hand-crank so remote villages and areas with inconsistent electric could have basic necessities Problems, Challenges and Threats  You have to risk failure and challenge the status quo in order to create an impactful social venture. Key Quotations  “Help people help themselves” – Jack Sim Driven by Purpose_23 Jan 2011 2 © 2010 Monitor Company Group, L.P. — Confidential